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Can a term life insurance policy be cashed in 2024?

Mia Perez | 2023-05-07 11:59:35 | page views：1933
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Emma Foster

Studied at Stanford University, Lives in Palo Alto. Entrepreneur with a focus on developing educational technology solutions.
No, term life insurance pays a death benefit to your beneficiary if you die within the policy's term. Otherwise, it does not have any cash value. ... Once the policy has accumulated enough cash value, you can use it to pay premiums, or you can borrow against the value.
2023-05-12 11:59:35
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Lucas Wilson

QuesHub.com delivers expert answers and knowledge to you.
No, term life insurance pays a death benefit to your beneficiary if you die within the policy's term. Otherwise, it does not have any cash value. ... Once the policy has accumulated enough cash value, you can use it to pay premiums, or you can borrow against the value.
Can I withdraw money from my term life insurance? - Insure.com
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